397 HANCOCK ST
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Location
397 HANCOCK ST
Mblu
6035/ 10/ 13/ /
Acct#
01963301
Owner
CHIU MICHAEL TRS
Assessment
$1,829,300
PID
25537
Building Count
1
Assessing District
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$1,435,600$393,700$1,829,300

Owner of Record
OwnerCHIU MICHAEL TRS
Co-OwnerYENNY CHIU TRS
Care Of
Address74 HILLCREST AVE
LEXINGTON, MA 02420
Sale Price$0
Book & Page 41324/589
Sale Date07/26/2023
Instrument1A

Ownership History
Ownership History
OwnerSale PriceBook & PageInstrumentSale Date
CHIU MICHAEL TRS$041324/5891A07/26/2023
CHIU YENNY TAM$55,00011694/0411NA02/07/1997
TAM CHI FOON & BAI YUN TAM &$265,00010963/0285NA07/17/1995

Building Information
Building 1 : Section 1
Year Built: 1900
Living Area: 11,709
Replacement Cost: $1,854,429
Building Percent Good: 68
Replacement Cost
Less Depreciation:
$1,261,000
Building Attributes
FieldDescription
Style:Store
ModelCommercial
GradeABOVE AVE
Stories:2
Occupancy6.00
Exterior Wall 1Clapboard
Exterior Wall 2Vinyl Siding
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Plastered
Interior Wall 2Drywall/Sheet
Interior Floor 1Hardwood
Interior Floor 2Vinyl/Asphalt
Heating FuelOil
Heating TypeForced Air-Duc
AC TypeCentral
Struct Class 
Bldg UseRETAIL
Total Rooms6
Total Bedrms0
Total Baths2
1st Floor Use:3250
Heat/ACHEAT/AC SPLIT
Frame TypeWOOD FRAME
Baths/PlumbingAVERAGE
CeilingFIN CLNG+WALL
Rooms/PrtnsAVERAGE
Wall Height9.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSUpper Story, Finished 5,863 5,863
RETRETAIL 5,846 5,846
CANCanopy 405 0
FOPPorch, Open, Finished 110 0
SFBBase, Semi-Finished 5,846 0
UBMBasement, Unfinished 110 0
   18,180 11,709

Extra Features
Extra Features
CodeDescriptionSizeAssessed ValueBldg #
CLR1FREEZER/COOLER1.00 UNITS$8,2001
CLR1FREEZER/COOLER1.00 UNITS$8,2001

Land
Land Use
Use Code3250
DescriptionRETAIL  
NeighborhoodHNK3
Land Line Valuation
Size (Sqr Feet)10098
Assessed Value$393,700

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeAssessed ValueBldg #
PAV1PAVING-ASPHALT  4000.00 S.F.$4,5001
SGN1SIGN-1 SD W/M  16.00 S.F.&HGT$3001
SHD1SHED FRAME  64.00 S.F.$5001
Valuation History
Assessment
Valuation YearImprovementsLandTotal
2026$1,435,600$393,700$1,829,300
2025$1,375,500$389,900$1,765,400
2024$1,219,800$386,100$1,605,900

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